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Current Stock Price ($) Probability PR Stock Price in One Year ($) Return R 25% $25 50% 25% The variance of the return is $35

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Current Stock Price ($) Probability PR Stock Price in One Year ($) Return R 25% $25 50% 25% The variance of the return is $35 $25 $20 40% 0% -20% 5% 4.75% 3.625% 3.75% Date Price (5) Dividend (3) Dec 31, 2014 $1464 Can 26, 2015 $13.35 $0.10 April 28, 2015 $9.14 $0.10 July 29, 2015 $10.74 $0.10 Oct 28, 2015 $8.02 $0.10 Dec 30, 2015 $7.72 Assume that you bought the stock on 12/31/2014. You sold it after the dividend had been paid on 1/26/2015. Your dividend yield for this period is (hint dividend yield - dividend the current stock price, not the purchasing price, choose the closest answer) -8.15% 0.75% 0.70% -8.80%

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